American bitcoin exchange Coinbase announced termination of operations in Japan. The company cited unfavorable market conditions. In early January, the platform announced a partial curtailment of operations and staff cuts in the local division. “Due to market conditions, our company has made the difficult decision to cease operations in Japan and to study and analyze its business in the country. However, we are committed to making this transition as smooth as possible for our valued customers,” the statement said. Starting January 20, Coinbase Japan will stop accepting deposits. Until February 16, users will be able to withdraw digital assets to
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Author: NixCoin